URÁN- obavy z recesie
Ovplyvnia pretrvávajúce obavy z možnej US recesie aj cenu uránu? Možno áno, možno nie. Záleží na dopyte.
Uranium's rock star glow seemed destined to fade this week, as industry indicator Tradetech dropped the metal's spot price $5 to $84 a pound U3O8, but Australia's strategic dance with India provided a reminder that short-term market volatility has little effect on long-term trade relations.
Don't get me wrong. A $5-drop is big. Nearly six per cent. But it was fuelled by a combination of factors that, judging by the market's reaction, hastily blurred into a panicky emergency siren.
The factors: an aggressive seller offered uranium at deeply discounted prices in an effort to attract buyers, lingering bearish sentiment and volatility in the uranium market after last year's now historic rise and fall in spot price and, perhaps most importantly, massive global selloffs and growing fears of a US recession.
But what else helped commodities rebound? Good news from China. The country reported its economy grew by 11.4 per cent last year, its fastest rate of growth in 13 years. Then deals between Australia and India may also fuel the price up.
Money talks, ...people. And uranium is worth a whole lot of money. Forget about the recent market troubles and follow this story. Let's see what happens.
Zdroj: uraniumseek.com
29.01.2008
